Flipping a Manufactured Home

[Renee Yarbrough]

Have never bought or sold a manufactured home on a permanent foundation, but now have the opportunity. Am wondering about the major pros and cons with both flipping and renovating to rent.LikeComment

[Winston Covington]

2 tips.   1. Have a thorough foundation inspection done. 2. Stick to where the manufactured home is on fee simple land and not on leased land.  ( If on leased land, the owner of the development may have a clause in the rental agreement where the home needs to be removed when it becomes a certain age ).  Last, long term financing is much easier to get when on a permanent foundation.